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You are at:Home»Startups»Why Openai wanted to buy a cursor but chose the rapidly growing windsurf
Startups

Why Openai wanted to buy a cursor but chose the rapidly growing windsurf

techtost.comBy techtost.com23 April 202503 Mins Read
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Why Openai Wanted To Buy A Cursor But Chose The
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Anysphere, a manufacturer of AI Coding Assistant Crosor, is growing so fast that it is not sold on the market, even in Openai, a source close to the company says TechCrunch.

It was a hot goal. The runner is one of the most popular coding tools powered by AI and its revenue is increasing astronomical-to-average every two months, according to another source. The current average annual repetitive revenue of Anysphere is about $ 300 million, according to two sources.

The company previously retired from the first acquisition discussions with Openai, after Chatgpt manufacturer approached the runner, the two sources near the company’s confirmation and CNBC previously reported. Anysphere has also received other acquisition bids that the company did not consider, according to one of these sources.

The runner rejected the offers because the start wants to remain independent, he said the two people near the company. Instead, Anysphere has discussed to raise funds in about $ 10 billion valuation, Bloomberg said last month.

Although it didn’t get anyone out, Openai did not abandon the purchase of an established AI coding tools. Openai spoke with more than 20 others, CNBC said.

And then took seriously the next faster growing AI coding start, Windsurf, with a $ 3 billion acquisition of $ 3 billion, Bloomberg said last week. While Windsurf is a comparatively smaller company, its ARR is about $ 100 million, from $ 40 million in ARR in February, according to a source.

Windsurf is gaining popularity both with the developers’ community, and its coding product is designed to work with Legacy Enterprise Systems. Windsurf did not respond to TechCrunch’s request for comments. Openai refused to comment on the acquisition talks.

Openai is likely to shop because it is looking for subsequent development areas as competitors such as Google Gemini and China’s Deepseek exerts pricing pressure on access to fundamental models.

In addition, humanity and Google have recently released AI models that surpass OpenAi models on coding points, making them increasingly a preferred option for developers.

While Openai could create its own AI encoding assistant, buying a product that is already popular with developers means that the Chatgpt manufacturer should not start from scratch to build this business.

The VCs investing in newly established developer tooling companies are definitely watching. The speculation about Openai’s strategy, Chris Farmer, a partner and chief executive of Signalfire, told TechCrunch of the company: “It will be a redemption at the implementation level. It is existential for them.”

Anysphere buy chose cursor Exclusive growing Mergers and acquisitions open OpenAI rapidly swarm wanted windsurf
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The US accuses the Iranian government of operating a hacktivist group that hacked the Stryker

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